American Honda Reports Record January Sales

American Honda Motor Co., Inc., posted record January sales of 98,394 Honda and Acura vehicles, up 20.7 percent from January 2005, the company announced today. Honda Division also broke records for the eighth consecutive month, with sales up 24.4 percent over January last year to 84,413 vehicles.

Honda Division light truck sales surged 17.6 percent to 37,124 on the strength of Pilot, Odyssey, and Element, while the redesigned 2006 Civic helped drive Honda car sales up 30.4 percent to 47,289 units.

"With annual sales increases for each of the past 12 years, we are committed to continued growth in 2006, despite an increasingly competitive market," said Dick Colliver, executive vice president of American Honda. "Others in the industry are tightening their belts, but we remain committed to steady, incremental growth. The addition of new models, including the Fit in April and the all new CR-V in the fall should push us to another record year in 2006."

Increasing consumer awareness of the Honda Pilot as a class leader in safety content, coupled with the improved fuel economy offered by models equipped with Honda's Variable Cylinder Management (VCM), contributed to Pilot's best-ever January with sales up 13.1 percent to 9,999. Sales of Element and Odyssey also grew 14.2 and 10.3 percent, respectively.

Recently named North American Car of the Year, the all-new 2006 Civic Sedan, Coupe and Hybrid models' combination of exciting styling and thrifty fuel economy helped push the Civic to another January record with sales up 56.2 percent, while Accord sales grew 9.8 percent.
Acura Division posted record January sales of 13,981 vehicles, an increase of 2.3 percent over January 2005. Strong sales of Acura's performance luxury sedans helped set a new monthly record of 10,140 for total cars, breaking a 16-year-old record of 10,087 set in 1990.

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